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10032 Metropolitan Ave - 100-32 Metropolitan Ave, Forest Hills, NY 113

0.23 Acres of Industrial Land Offered at $5,000,000 in Forest Hills, NY 11375

Investment Highlights

  • Great Location.

Executive Summary

The subject property is a development site located in busy commercial section of Forest Hills, Queens. The property is located on SE corner that benefits from 100' of frontage along Metropolitan Ave. and 100' along 70th Drive. It is nestled in prime Metropolitan shopping district with national retailers including Trader Joe's Home Depot. Angie's Supermarket, 7-11 and Sunoco Gas Station, Also included along Metropolitan corridor is TD Bank, Michaels Arts and Crafts along with Staples. Wendy's Fast Food Restaurant. The site is great for owner operator or any developer.

Property Facts Under Contract

Price $5,000,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Mixed Use
Total Lot Size 0.23 AC

1 Lot Available

Lot 37

Price $5,000,000
Price Per AC $21,738,658
Lot Size 0.23 AC

Exit Realty First Choice has been hired on a Exclusive Basis

Description

The subject property is a development site located in busy commercial section of Forest Hills, Queens. The property is located on SE corner that benefits from 100' of frontage along Metropolitan Ave. and 100' along 70th Drive. It is nestled in prime Metropolitan shopping district with national retailers including Trader Joe's Home Depot. Angie's Supermarket, 7-11 and Sunoco Gas Station, Also included along Metropolitan corridor is Td Bank, Michaels Arts and Crafts along with Staples. Wendy's Fast Food Restaurant. (DO NOT DISTURB OWNER OR TENANTS AND DO NOT GO TO THE PROPERTY UNACOMPANIED) COLLECT YOUR OWN FEE Potential Re-development

Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03895-0037
Land Assessment
$124,200
Improvements Assessment
$162,540
Total Assessment
$286,740

zoning

Zoning Code R3-2 C1-3 (R3-2 is a general residence district that allows a variety of housing types, C1-3 is a neighborhood commercial district that permits retail storefront)
R3-2 C1-3 (R3-2 is a general residence district that allows a variety of housing types, C1-3 is a neighborhood commercial district that permits retail storefront)
  • Listing ID: 32000926

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 10032 Metropolitan Ave, Forest Hills, NY 11375

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